SAN JOSE, CA – North America-based manufacturers of semiconductor equipment posted $1.3 billion in orders in July (three-month average basis), according to SEMI.

Orders were down 15.7% sequentially, and fell 29.3% compared to orders in July 2010.

The book-to-bill ratio was 0.86. A book-to-bill of 0.86 means that $86 worth of orders were received for every $100 of product billed for the month.

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